VIX Slammed As Algos Forget Why They Sold 30 Mins Ago

Tyler Durden's picture

It would appear 'they' are reaching deep into the playbook to save stocks from the Fed's negativity... First they tried JPY momentum ignition - that failed... Then they tried the precious metals dump  - that failed... and now it's VIX slam time (as we predicted) and that is starting to have an effect... Machines are "fighting the fed" and BTFDing as they forget entirely why they were all selling in size 30 mins ago.

 

Having run out of options.. resort to Slamming VIX...

 

So now we "fight the fed" and BTFD in the "stretched" stocks...

 

Who could have seen this coming?